Reuters US Business

By Georgina McCartney HOUSTON (Reuters) -Volatility across energy and equity markets spooked investors in the second quarter, slowing the pace of mergers and acquisitions in the U.S. upstream oil and gas sector, analytics firm Enverus said on Wednesday.     The slump in dealmaking follows a series of blockbuster takeovers by oil and gas majors in recent years, …

Dealmaking in US upstream oil and gas tumbles as volatility rattles investors Read More »

SAO PAULO (Reuters) -Brazilian motor maker WEG reported on Wednesday a 10.4% rise year-on-year in its second-quarter net profit, but missed market forecasts amid what it called elevated volatility in the global economy, driving its shares sharply lower. The worse-than-expected results create further uncertainty for WEG, which analysts have cited among the companies most exposed to …

Brazil’s WEG reports second-quarter earnings miss amid geopolitical uncertainty, shares fall Read More »

By Dawn Kopecki and Lananh Nguyen NEW YORK (Reuters) -Companies worldwide are pursuing bigger deals in the second half of this year as executives get increasingly comfortable with volatile markets and unpredictable world politics, dealmakers at JPMorgan Chase forecast. Mergers and acquisitions have been regaining momentum after U.S. President Donald Trump’s trade war brought the market …

More mega deals in the offing, says JPMorgan’s global M&A head Aiyengar Read More »

By Sneha S K (Reuters) -Thermo Fisher said on Wednesday the tariff situation was improving and raised the lower end of its annual profit forecast on strong demand for its products used in drug development, sending the company’s shares up 12%. As some of the trade tensions show signs of easing, peers such as Danaher …

Thermo Fisher flags improving tariff situation, raises annual profit view Read More »

By Padmanabhan Ananthan (Reuters) -Boston Scientific raised its annual profit forecast on Wednesday, banking on strong demand for its heart devices, and trimmed its expectation for tariff-related costs to half of the previously projected amount. Shares of the company rose 4.8% in morning trading following the results. “Based on the current schedule of expected tariffs, …

Boston Scientific lifts annual profit forecast, sees smaller tariff impact Read More »

(Reuters) -NextEra Energy beat Wall Street estimates for second-quarter adjusted profit on Wednesday, boosted by robust growth in its renewables division amid soaring power demand from AI data centers and hyperscalers. But NextEra stock dropped 4% to $74.14 per share on concerns about the future of renewable energy tax credits. In a research note, analysts …

NextEra beats quarterly profit estimates on massive power demand Read More »

By Ateev Bhandari and Atharva Singh (Reuters) -Derivatives exchange CME Group beat Wall Street estimates for second-quarter profit on Wednesday, as record volatility boosted demand for its products, which are often used to hedge against macroeconomic uncertainty. The company benefits during volatile periods, as seen with the onset of U.S. President Donald Trump’s seesawing tariffs …

CME beats profit estimates as volatility drives record trading quarter Read More »

By Aishwarya Jain (Reuters) -Hilton Worldwide lifted its 2025 profit forecast on expectations of a complete recovery in domestic travel demand in the U.S. after a sharp pullback earlier this year. But the company’s projection for third-quarter profit came in below analysts’ expectations, sending the hotel operator’s shares down 1.5% on Wednesday. Some travel companies, …

Hilton lifts 2025 profit forecast on US demand recovery expectations Read More »